Comparing Tampa auto insurance quotes online can be complicated if you’ve never compared quoting online. But don’t give up because online price shopping is actually quite simple.
It’s an obvious conclusion that auto insurance companies don’t want policyholders to shop around. Insureds who get comparison quotes at least once a year will presumably move their business because of the high probability of finding more affordable rates. A recent survey found that people who compared rates regularly saved as much as $850 each year compared to other drivers who never shopped for cheaper rates.
If finding the cheapest price for car insurance is why you’re here, learning how to quote prices and compare coverage rates can make it easier for you to save money.
If you have a policy now, you should be able to lower your rates using the concepts you’re about to learn. These techniques will tell you the most effective ways to compare rates and some tricks to saving. Although Florida consumers can benefit from knowing the way companies calculate their prices.
It’s important to know that making a lot of price comparisons provides better odds of finding better pricing. Not every company allows you to get price estimates online, so it’s recommended that you also compare price estimates from them, too.
The companies shown below are ready to provide price comparisons in Florida. If your goal is to find the best cheap auto insurance in Tampa, we suggest you get rates from several of them in order to get a fair rate comparison.
Protect your vehicle and other assets
Despite the high insurance cost for a Honda Pilot in Tampa, insuring your vehicle serves an important purpose.
First, almost all states have minimum mandated liability insurance limits which means you are required to buy a specific level of liability protection in order to drive the car. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you have a loan on your Pilot, more than likely the lender will require you to have insurance to protect their interest in the vehicle. If you cancel or allow the policy to lapse, the lender may have to buy a policy to insure your Honda at an extremely high rate and make you pay for the much more expensive policy.
Third, car insurance protects both your vehicle and your personal assets. Insurance will also pay for most medical and hospital costs for yourself as well as anyone injured by you. One of the most valuable coverages, liability insurance, also covers legal expenses if you are sued as the result of an accident. If your Honda gets damaged, collision and comprehensive coverages will pay all costs to repair after the deductible has been paid.
The benefits of carrying enough insurance definitely exceed the cost, especially for larger claims. Despite what companies tell you, the average driver is currently overpaying as much as $869 every year so shop around each time the policy renews to make sure the price is not too high.
Rates and information analytics
The price information below covers detailed analysis of insurance costs for Honda Pilot models. Learning a little about how auto insurance prices are figured is important for you to make smart choices when selecting a coverage provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Pilot LX 2WD | $344 | $602 | $542 | $32 | $162 | $1,682 | $140 |
| Pilot EX 2WD | $388 | $602 | $542 | $32 | $162 | $1,726 | $144 |
| Pilot EX 4WD | $388 | $602 | $542 | $32 | $162 | $1,726 | $144 |
| Pilot EX-L 2WD | $388 | $732 | $542 | $32 | $162 | $1,856 | $155 |
| Pilot EX-L 4WD | $388 | $732 | $542 | $32 | $162 | $1,856 | $155 |
| Pilot Touring 2WD | $388 | $732 | $542 | $32 | $162 | $1,856 | $155 |
| Pilot Touring 4WD | $388 | $732 | $542 | $32 | $162 | $1,856 | $155 |
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Prices above based on single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Florida minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Price estimates do not factor in vehicle garaging location which can revise premium rates substantially.
Does full coverage make sense?
The chart below visualizes the comparison of Honda Pilot annual premium costs with full physical damage coverage compared to only buying the minimum liability limits required in Florida. The prices are based on no driving violations, no at-fault accidents, $250 deductibles, drivers are not married, and no discounts are taken into consideration.
Should you buy full coverage or liability only?
There is no clear-cut formula of when to phase out physical damage coverage on your policy, but there is a general guideline. If the annual cost of having full coverage is more than around 10% of the vehicle’s replacement cost less your deductible, then you might consider buying liability only.
For example, let’s say your Honda Pilot book value is $3,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most your company will settle for is $2,000 after the deductible is paid. If you are paying in excess of $200 a year for comprehensive and collision coverage, then you might want to think about dropping full coverage.
There are some situations where only buying liability is not in your best interest. If you still have a loan on your vehicle, you have to keep full coverage to protect the lienholder’s interest. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage in place.
Cheaper rates with these discounts on Honda Pilot insurance in Tampa
Insurance is not an enjoyable expense, but you may qualify for discounts that many people don’t even know exist. A few discounts will automatically apply when you get a quote, but some may not be applied and must be asked for prior to getting the savings.
- Own a Home and Save – Being a homeowner can earn you a little savings due to the fact that maintaining a home requires a higher level of personal finance.
- Drive Less and Save – Low mileage vehicles could be rewarded with better insurance rates on cars that stay parked.
- Auto/Home Discount – When you have multiple policies and place coverage with the same company you could get a discount of up to 20% off your total Pilot insurance premium.
- Save with a New Car – Insuring a new Pilot can get you a discount since newer models have better safety ratings.
- Distant Student Discount – Older children who are enrolled in a college that is more than 100 miles from Tampa and don’t have a car could qualify for this discount.
- Safety Restraint Discount – Using a seat belt and requiring all passengers to wear their seat belts could save 15% off PIP or medical payments premium.
- Include Life Insurance and Save – Select insurance companies reward you with a lower rate if you buy a life policy as well.
- Data Collection Discounts – Policyholders that allow their insurance company to spy on driving manner by installing a telematics device such as State Farm’s In-Drive could see a rate decrease if they show good driving skills.
- More Vehicles More Savings – Having primary and secondary vehicles on one policy can reduce the rates for all insured vehicles.
- Save over 55 – Drivers that qualify as senior citizens may be able to get a small decrease in premiums.
It’s important to understand that most of the big mark downs will not be given to the overall cost of the policy. A few only apply to the price of certain insurance coverages like medical payments or collision. Even though the math looks like all the discounts add up to a free policy, it just doesn’t work that way.
The diagram below compares Honda Pilot car insurance costs with and without discounts applied to the premium. The data is based on a male driver, a clean driving record, no claims, Florida state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, multi-policy, safe-driver, homeowner, and multi-car discounts applied.
A list of insurance companies and a partial list of their discounts can be read below.
- GEICO has discounts for seat belt use, anti-lock brakes, multi-policy, five-year accident-free, defensive driver, and air bags.
- MetLife offers discounts including multi-policy, defensive driver, good student, claim-free, good driver, and accident-free.
- State Farm includes discounts for multiple policy, good driver, student away at school, accident-free, multiple autos, and Drive Safe & Save.
- Progressive discounts include continuous coverage, online quote discount, multi-vehicle, good student, online signing, and homeowner.
- Mercury Insurance policyholders can earn discounts including professional/association, ease of repair, multi-car, accident-free, anti-theft, good student, and age of vehicle.
- 21st Century may have discounts that include student driver, 55 and older, homeowners, driver training, air bags, and theft prevention.
- Allstate has savings for anti-lock brakes, passive restraint, FullPay discount, good payer, and safe driver.
If you need low cost Tampa auto insurance quotes, ask each insurance company which credits you are entitled to. All car insurance discounts may not apply in Tampa. To choose insurers that offer many of these discounts in Florida, click here.
When should I discuss my situation with an agent?
When it comes to choosing the right insurance coverage, there isn’t really a cookie cutter policy. Your needs are unique to you.
Here are some questions about coverages that may help highlight if you may require specific advice.
- Is my custom stereo system covered?
- What is covered by UM/UIM coverage?
- Am I covered when driving a rental car?
- What is the ISO rating for a Honda Pilot?
- Am I covered when renting a car or should I buy coverage from the car rental agency?
- Will filing a claim cost me more?
- What exactly is covered by my policy?
If you don’t know the answers to these questions but a few of them apply, you may need to chat with a licensed agent. To find lower rates from a local agent, simply complete this short form.
What is the best auto insurance company in Florida?
Insuring your vehicle with the highest-rated car insurance provider is difficult considering how many choices you have in Tampa. The company rank data shown below could help you pick which companies to look at comparing rates with.
Top 10 Tampa Car Insurance Companies by A.M. Best Rank
- Travelers – A++
- USAA – A++
- GEICO – A++
- State Farm – A++
- Titan Insurance – A+
- Esurance – A+
- Progressive – A+
- The Hartford – A+
- Allstate – A+
- Nationwide – A+
Top 10 Tampa Car Insurance Companies Ranked by Customer Satisfaction
- USAA – 91%
- AAA Insurance – 90%
- Esurance – 90%
- Mercury Insurance – 89%
- Nationwide – 89%
- Travelers – 88%
- Progressive – 88%
- Safeco Insurance – 88%
- State Farm – 88%
- Allstate – 88%